Moonshot's Kimi K3 lands like a brick through the AI trade
A Beijing startup dropped a 2.7-trillion-parameter open-weight model that benchmarks near Anthropic's best — and tipped the SOX into a bear market on the way out.
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AI is minting new American founders at a record clip
U.S. business applications hit 5.6 million in 2025, up 24% since ChatGPT shipped. Citadel, Bloomberg, and fresh Census filings all point at the same culprit — and it's not the layoffs everyone keeps writing about.
IBM's worst day on the tape, courtesy of the AI capex vortex
Big Blue lost a quarter of its value in one session after Arvind Krishna said clients yanked budget out of software and threw it at servers and memory. He called it faltering. The tape called it 1968.
Apple sues OpenAI, says the iPhone playbook is walking out the door in Ziploc bags
The complaint names OpenAI hardware chief Tang Tan, a 24-year Apple veteran, and accuses him of running a poaching operation with 'show and tell' interviews. It lands right before OpenAI's device debut and its IPO.
Apple sues OpenAI, and suddenly the io device looks a lot more expensive
A federal complaint accuses OpenAI's hardware chief Tang Tan of turning job interviews into trade-secret harvests. The injunction Apple wants would gut the roadmap it bought for $6.5 billion.
Apple sues OpenAI, alleging a 'show and tell' raid on its unreleased hardware
The iPhone maker's federal complaint names OpenAI's hardware chief Tang Tan and engineer Chang Liu, torches a two-year partnership, and lands weeks before OpenAI's expected IPO.
ChatGPT Work Arrives, and Now Every Company Needs an AI Story
OpenAI's new GPT-5.6-powered agent can grind on decks, spreadsheets, and web apps for hours. The enterprise war just got louder — and the small-business game just got more interesting.
Apple sues OpenAI, says the trade-secret theft went 'at every level'
The iPhone maker's federal complaint accuses OpenAI's hardware chief — a 24-year Apple veteran — of turning job interviews into 'show and tell' sessions for confidential parts.
SK Hynix's Nasdaq debut is a $26.5 billion bet that AI killed the memory bust
The Korean HBM giant popped 13% on day one, topped Alibaba's foreign-listing record, and told CNBC customers keep asking for more. The whole trade is that the boom-bust chip cycle is finally dead.
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Meta starts charging for AI with Muse Spark 1.1, and Zuckerberg breaks a three-year X silence to say so
The new agentic coding model undercuts Claude Sonnet on price, ships with a 1M-token context window, and lands the same day OpenAI drops GPT-5.6. Meta is done giving models away.
Anthropic's Claude Cowork goes mobile, and it turns out barely anyone was using it to code
The company opened its agentic assistant up to web and phone on Tuesday and quietly published the receipts: over 90% of what people do with Cowork has nothing to do with software.
OpenAI opens the gates on GPT-5.6 after Washington's 12-day preview
Sol, Terra, and Luna go broadly available on ChatGPT, Codex, and the API — but only after a White House-blessed review that's about to become the new normal for frontier AI.
OpenAI's GPT-5.6 gets its 'green light' — even if the White House won't call it that
Sol, Terra, and Luna go wide Thursday after a two-week Commerce Department review. Meanwhile, Chinese models are quietly eating up to 46% of U.S. enterprise tokens.
The first AI-run ransomware attack is here, and it wrote its own ransom note
Sysdig says an autonomous LLM agent it calls JADEPUFFER broke in, moved laterally, and extorted a database on its own. The skill floor for ransomware just fell through the floor.
Tesla's Robotaxi Rolls Into Miami — And Ditches the Human Minder
The Model Y fleet is Tesla's first driverless deployment outside Texas, and the first anywhere without a safety monitor in the passenger seat. Waymo and Zoox got there first.
Xbox resets: 3,200 jobs gone, four studios out the door
New CEO Asha Sharma calls it the 'most significant restructure in Xbox history.' The Game Pass-first bet is officially over.
Anthropic wants to be the AI brain of every small business in America
'Claude for Small Business' shoves Anthropic's chatbot inside QuickBooks, PayPal, and HubSpot with 15 prebuilt workflows, a toggle install, and a 10-city roadshow aimed squarely at the 36 million SMBs still stuck at the chat window.
OpenAI wants Washington to own 5% of it — and every other AI lab, too
Sam Altman has pitched Trump, Lutnick, Bessent and Bernie Sanders on a sovereign-wealth-style stake worth roughly $42.6 billion. The other labs have not, notably, signed on.
OpenAI's pitch to Washington: take 5% of us, take 5% of everyone
Sam Altman is floating a $42.6 billion equity handout to the Trump administration — and, ideally, an all-labs Alaska-style fund — days after the government made him delay GPT-5.6.
OpenAI floats a 5% stake for Washington, worth $42.6 billion
Sam Altman wants every major U.S. AI lab to hand the government equity via an Alaska-style fund. Bernie Sanders wants 50%. The talks are 'conceptual.'
Grok 4.5 slips into private beta at SpaceX and Tesla, and skips the benchmarks entirely
xAI's biggest model yet is running inside two of Musk's own companies at 1.5 trillion parameters. Everything anyone knows about how good it is comes from Elon Musk.
57,000 jobs. That's it. The month AI finally showed up in the payroll print.
June's nonfarm number came in at half the consensus, participation cratered to a 2021 low, and the tech-and-finance bleed the Fed keeps calling 'structural' just got a headline number to match.
Workato's new open-source Labs toolkit is a love letter to enterprise devs — and a spotlight on what SMBs don't get
Workato Labs ships a CLI, a linter, and a recipe visualizer that plug straight into Claude Code and Cursor. It's slick — and it's aimed at exactly the kind of team most small businesses don't have.
Claude Fable 5 Is Back Online, With a New Safety Classifier and a Government Handshake
Commerce lifted its 19-day emergency export controls on Anthropic's flagship model June 30. What returns July 1 is a Fable 5 shaped as much by Howard Lutnick as by Dario Amodei.
Sony is killing the game disc, and the PS6 just showed its hand
PlayStation will stop pressing discs for all new games in January 2028 — the biggest console maker on the planet becomes the first to walk away from optical media, and analysts think the base PS6 walks away with it.
Anthropic's Claude Sonnet 5 chases Opus on the cheap, right on cue for the IPO
The new default for Free and Pro users nearly matches the flagship on knowledge work, undercuts it on price, and ships with cyber safeguards flipped on by default.
AWS drops $1 billion on embedding AI engineers inside its customers
Amazon's cloud unit is the first hyperscaler to formalize the forward-deployed engineer model — 45-day sprints, pods of five or six, and a balance-sheet check instead of a joint venture.
Meituan's LongCat-2.0 is China's loudest answer yet to U.S. chip controls
The food-delivery giant open-sourced a 1.6-trillion-parameter model it says was trained end-to-end on a 50,000-chip domestic cluster — a pointed flex aimed straight at Washington.
'RAM-ageddon' Comes for the Customer: Apple and Microsoft Hike Prices With Nothing New in the Box
Apple raised Mac and iPad prices by up to $300 on June 25 with no spec changes. Microsoft hit Xbox the same day. The AI data-center buildout has turned memory into a macroeconomic variable, and iPhones are next.
Google ran out of compute, so it put Meta on a Gemini diet
The FT says Alphabet capped Meta's Gemini access back in March because it couldn't keep up. Then Google went and rented 110,000 GPUs from a rocket company.
OpenAI and Broadcom unveil 'Jalapeño,' a chip designed to wean ChatGPT off Nvidia
Co-developed in nine months with help from OpenAI's own models, the inference accelerator promises roughly 50% cost savings — and gigawatt-scale deployment with Microsoft before year's end.
Google DeepMind's brain drain hits five, and Wall Street finally notices
Shazeer to OpenAI. Jumper to Anthropic. Two more Gemini researchers out the door. Alphabet just had its worst day on the market in over a year — and the IPO clocks at OpenAI and Anthropic are ticking.
The chatbot is dead. Long live the agent — and look who's actually using them.
OpenAI's new internal data shows non-developer organizational use of its agents is up 189x since August. The delegation era has arrived, and small businesses are next in line.
OpenAI ships GPT-5.6 — and lets the White House decide who gets in first
Sol, Terra, and Luna debut behind a government-approved guest list of about 20 partners. OpenAI did it, then said it shouldn't be the new normal.
OpenAI Has Its Own Chip Now, and It's Called Jalapeño
Built with Broadcom in nine months, the company's first custom inference processor is showing roughly 50% cost savings over GPUs — and it's the start of a multi-generation roadmap.
Apple raises Mac and iPad prices across the board, blames 'RAMageddon'
The company hiked prices on every Mac, iPad, HomePod, Apple TV and Vision Pro on Thursday — and watched $265 billion in market cap evaporate by the closing bell.
Zoox's New Toaster Is Ready. The Fares Are Not.
Amazon's robotaxi unit revealed a production-intent redesign and a 100-a-week ramp plan. It still can't legally charge a single rider until NHTSA signs off.
OpenAI's first chip has a name, a partner, and a 50% claim
Jalapeño, co-designed with Broadcom in nine months, is OpenAI's first in-house silicon. Hock Tan says it runs inference for about half the cost of GPUs.
The 680x AI spending gap, and the businesses pretending it isn't there
Ramp's June AI Index says the most AI-pilled firms spend $7,450 per employee per month. The median firm spends $11.38. The middle is starting to feel the draft.
OpenAI's first chip has a name: Jalapeño
Built with Broadcom in nine months, the inference-only ASIC is OpenAI's bid to claw back margin from Nvidia — and it's already showing roughly 50% cost savings in early tests.
Google's brain drain: two AI giants bolt for rivals, and Alphabet has its worst day in a year
Transformer co-author Noam Shazeer is off to OpenAI. Nobel laureate John Jumper is going to Anthropic. Wall Street is asking the obvious question.
SpaceX's $6.3 billion Reflection deal turns Colossus 2 into the AI industry's hottest sublet
Open-source upstart Reflection AI will wire $150 million a month to Elon Musk's rocket company for Nvidia GB300s in Memphis. The rocket company is now a compute landlord, and the tenants are everyone.
GPT-5.6 launch window opens today, and ChatGPT Pro users say they're already running it
Polymarket has $1.1 million staked on a June 22–28 release, OpenAI's chief scientist called it a 'meaningful improvement,' and a release candidate codenamed Kindle-Alpha has already leaked. OpenAI is saying nothing.
Google loses the transformer's co-inventor and a Nobel laureate in one week, and the market notices
Noam Shazeer left for OpenAI. Days later, John Jumper announced he's joining Anthropic. Alphabet had its worst session in a year.
Amazon kills its nearly-finished Sam Altman movie, and now no one wants it
Luca Guadagnino's 'Artificial' was test-screening well — until Amazon wrote OpenAI a $50 billion check. Netflix and Focus have already passed; A24, Neon and Mubi are eyeing the wreckage.
OpenAI's $150M Bet Says the Quiet Part Out Loud: the Model Isn't the Problem Anymore
A new partner network, a 300,000-consultant target, and a Ramp dataset showing a 680x spending gap. The hard part of AI in 2026 is getting it through the front door.
SpaceX Is Already Back at Wall Street's Door — for $20 Billion More
Days after the largest IPO ever, Musk's bankers are lining up an investment-grade bond sale to refinance the bridge loan that bought xAI.
The U.S. just banned its own most powerful AI from the world
A Commerce Department export-control letter forced Anthropic to yank Fable 5 and Mythos 5 offline for everyone — citizens included — after an SK Telecom access scare and an Amazon-spotted jailbreak. Nine days in, the models are still dark.
Trump says Apple is making chips with Intel. Apple and Intel say… nothing.
A Truth Social post sent Intel stock up double digits. Neither company will confirm a deal exists.
Waymo recalls nearly 4,000 robotaxis after they kept driving into freeway construction zones
Alphabet's self-driving unit filed a voluntary software recall with NHTSA this week covering 3,871 fifth-generation vehicles — its sixth recall, and its second in just over a month.
OpenAI just admitted the AI problem isn't the AI — it's the deployment
A $150 million Partner Network targeting 300,000 certified consultants is OpenAI's bet that the bottleneck has moved from the model to the rollout. Great news for Accenture. Awkward news for everyone smaller.
The tokenmaxxing bill comes due
Uber torched its 2026 AI budget by April. Microsoft yanked Claude Code licenses. Meta killed the leaderboard. The 'use as many tokens as possible' era is collapsing under its own invoice.
SpaceX uses its four-day-old stock to buy Cursor for $60 billion
Elon Musk's newly public rocket-and-AI conglomerate is converting an April option into a binding all-stock merger — and using a post-IPO share pop to pay for it without touching the cash.
AI is buying workers a full day a week. Their bosses have no idea what to do with it.
BCG's 2026 'AI at Work' survey of nearly 12,000 employees finds a brutal irony at the center of the productivity boom: clear strategy beats better tooling by a factor of five, and most companies are leaving the gains on the floor.
Nvidia wanted $20 billion. Investors offered $85 billion.
The chipmaker's first bond sale since 2021 priced at $25 billion across seven tranches — and was oversubscribed more than three times over.
The U.S. government just yanked Anthropic's most powerful model off the shelf
Commerce Secretary Howard Lutnick's export-control letter forced Anthropic to kill Fable 5 and Mythos 5 globally three days after launch. Anthropic says the trigger was a narrow jailbreak it doesn't think justifies a recall.
The U.S. government just pulled Anthropic's most powerful AI off the internet
A Friday-evening Commerce Department directive cited a Fable 5 jailbreak and forced Anthropic to kill global access to both Fable 5 and Mythos 5 — three days after launch. The company complied, then publicly disagreed.
SpaceX hits $2 trillion on Nasdaq debut, and Elon Musk is officially a trillionaire
SPCX surged 19% to close at $160.95 on Friday, raising a record $75 billion in the largest IPO in history and cracking open an 'IPO summer' Wall Street is already lining up for OpenAI and Anthropic.
The U.S. government just yanked Anthropic's two best models off the internet
An export control directive from Commerce Secretary Howard Lutnick, delivered at 5:21pm Friday, forced Anthropic to kill Fable 5 and Mythos 5 worldwide — three days after launch, and weeks into its confidential IPO filing.
SpaceX rings the bell at $1.77 trillion, and Elon Musk now runs two of them
SPCX opens on Nasdaq today as the largest IPO in history — $75 billion raised, retail given a triple-size seat at the table, and the xAI-and-X conglomerate Musk built around the rocket company finally has a public price tag.
SpaceX Pops 19% on Debut, Mints the First Trillionaire, Cracks the IPO Window
SPCX closed near $161 after the largest IPO in history raised $75 billion at a $1.77 trillion valuation. The former Nasdaq chief is already betting OpenAI and Anthropic walk through the door next.
Google hands Gemini the keys to your Business Profile
A new Business Profile connection and 'Business notebooks' turn the Gemini app into something that knows your reviews, your hours, and your brand voice — and pushes Google's walled garden deeper into the SMB stack.
OpenAI files its S-1, and suddenly the AI IPO pipeline is worth $3.6 trillion
ChatGPT's maker quietly filed confidential paperwork with the SEC on Monday, becoming the third AI giant — after Anthropic and SpaceX — to queue up for Wall Street. The company is valued at $852 billion and still won't be profitable until 2029.
Apple's Siri AI Runs on Gemini, and That Tells You Everything
Tim Cook's final WWDC bets the company's AI comeback on a Google model, a standalone Siri app, and a long list of fixes Apple isn't naming out loud.
Apple rebuilds Siri on Google's Gemini, and calls it Siri AI
Tim Cook's last WWDC keynote ships a from-scratch Siri powered by a rival's model, housed in its own app, and locked out of Europe and China at launch.
Apple bets the farm on Google's Gemini — and calls it Siri AI
At WWDC 2026, Apple rebuilt Siri on top of Apple Foundation Models on Cloud, running on Nvidia GPUs in Google's data centers. It was also Tim Cook's last keynote.
Tim Cook's final WWDC bets Apple's AI future on Google's Gemini
A rebuilt Siri running on a custom 1.2-trillion-parameter Gemini model, six developer betas, a homeOS preview, and one teary goodbye from the CEO.
Tim Cook's last WWDC bets Siri on Google, and lets Claude and ChatGPT in the door
Apple's outgoing CEO unveiled a Gemini-powered Siri rebuild, a standalone chatbot app, and an extensions framework that finally lets users pick a different assistant. Six developer betas dropped the same afternoon.
Apple's WWDC 2026 Hail Mary: A Gemini-Powered Siri, a Standalone App, and a Big Cleanup
Three days out from Monday's keynote, Bloomberg says Apple is paying Google roughly $1 billion a year to ghost-write the new Siri. The rest of iOS 27 looks like an apology.
Meta turned on WhatsApp's AI agent for every business. The small ones should keep shopping.
Meta Business Agent went live globally June 3, the company's first paid AI product. The pitch is small business; the pricing is enterprise.
WWDC 2026 is tomorrow, and Siri is running on Google's Gemini
Tim Cook's final keynote as CEO leads with a Siri rebuilt on a 1.2-trillion-parameter custom Gemini model Apple is paying Google roughly $1 billion a year to license.
Tim Cook's last keynote, and Apple's last excuse: a Gemini-powered Siri lands at WWDC 2026
Monday's keynote is Cook's swan song before John Ternus takes the chair in September. The bet on the table is a ground-up Siri running on a $1B-a-year custom Google model.
Alphabet just made the biggest stock sale in history, and it's all for AI
Google's parent upsized a record-shattering equity raise to $84.75 billion, with Berkshire Hathaway anchoring a $10 billion private placement. Every dollar is earmarked for compute.
State of Play June 2026: a Faye-led God of War, a Wolverine date, and Sony's loudest hour in a while
Santa Monica Studio ended the 60-minute showcase with 20 minutes of God of War Laufey. Insomniac's Wolverine pinned September 15. Until Dawn 2, Rayman Legends Retold, and a parade of dated 2026 games filled the middle.
Nvidia jumps the PC fence: RTX Spark is Jensen's bet on the Arm laptop
At Computex in Taipei, Huang unveiled a Blackwell-plus-Grace superchip co-developed with Microsoft. Dell, HP, Lenovo, Asus, MSI, and a Surface Ultra are all in for fall.
Anthropic takes Claude downmarket, and the AI platform wars get a new front
Claude for Small Business ships 15 agentic workflows and a stack of connectors aimed at the 36 million companies the frontier labs have mostly ignored. It will not be the last move like it.
Cognition raises $1 billion at $26 billion, and says Devin now writes 90% of its own code
The Devin startup more than doubled its valuation in eight months on $492M of run-rate revenue — and Scott Wu wants you to know he doesn't need to sell.
SpaceX files for the biggest IPO ever, and the S-1 is wilder than the leaks
A $75 billion raise at up to a $2 trillion valuation, xAI and X folded into the books, Starlink minting money, and Elon Musk walking away with 85.1% of the vote.
SpaceX drops the S-1, and it reads like a $1.75 trillion dare
Reusable rockets, a cash-printing Starlink, a $7.7 billion-a-quarter AI money pit, and a $28.5 trillion 'addressable market.' The Nasdaq has never seen a prospectus like this.
Sam Altman would like to take back the jobs apocalypse, please, just in time for the IPO
The OpenAI CEO told a Sydney banking conference he's 'delighted to be wrong' about white-collar carnage. Funny how that lands the same month two AI giants line up trillion-dollar listings.
100,000 AI-generated songs are uploaded to streaming every day. Spotify is going to have to pick a side.
AI music is flooding the streaming platforms at a rate the industry has not yet figured out how to count, let alone how to compensate. The next move is Spotify's.
Anthropic comes for the small-business stack with Claude for Small Business
Packaged workflows, pre-built SaaS connectors, credit-card billing. Anthropic stops being a model provider for big companies and starts being a SaaS for everybody else.
Gemini Intelligence is going to take over your Android phone, and it's coming this summer
Google announced on May 12 that its proactive AI layer will roll out to select Samsung and Google phones starting this summer, with broader availability later this year. The pitch is: you stop tapping. Gemini does the tapping.
Meta's $799 Ray-Ban Display lands with a neural wristband, because of course it does
Meta's full-color in-lens display glasses ship paired with a Neural Band gesture wristband. The prescription-optimized Blayzer and Scriber line is $499. The whole thing is either the future or just very expensive sunglasses.
ChatGPT just got smarter by default, and OpenAI wants you to feel it
GPT-5.5 Instant rolled out on May 5 as the new default model for everyone using ChatGPT. The pitch is fewer hallucinations on the questions where being wrong actually matters.